OCR Text |
Show MAMMOTH OF TINTIC DECLARES DIVIDEND Regular Disbursement of Four Cents ' Per Share Will Be Paid ou I December 22. Directors of the Mammoth Mining company, com-pany, the properties of whk'h are located in Tintic, met .yesterday at the general of';ices in i'rovo and declared a dividend of 4 cents per share, ihmi in all. payable pay-able December 22 to stockholders of record rec-ord December 15. At the ame meeting, L. J. Fairer was apnoinied assistant secretary of the company. Directors of the Knight companies also held their regular meetings in Provo yesterday, hut none of these companies declared dividends. It was, however, of-I of-I ficuilly announced that the surplus had 1 been increased from the shipments, and j the following figures were given out re-f re-f gard ing the t reasurv reserves: Dragon ' $'S,U00 on hand; Rico-Wellington. 60O0; Colorado, $(13,000. and shaft down to the 100-foot level and still hems sunk- Iron Blossom. $2cu.000 in treasurv. The No vember output of ore was creater than in Ovicer, it whs announced. An aver-aee aver-aee of 2'' tons of ore has I'een handle-:! at the Knight mill in Tintic irom the properties. |